Definition of DEBENTURE. 1. British: a corporate security other than an equity security: bond.2. : a bond backed by the general credit of the issuer rather than a specific lien on particular assets. ADVERTISEMENT.efinition of DEBENTURE. 1. British: a corporate security other than an equity security: bond. 2. : a bond backed by the general credit of the issuer rather than a specific lien on particular assets.
Country legend Merle Haggard dies at 79 of pneumonia. Merle Haggard knew the inside of prison cells and box cars as intimately as he did some of the biggest stages in the world. He was a member of country musicâs Mount Rushmore, yet he never lost touch with his working-class beginnings.
Country musician Merle Haggard, who died Wednesday at age 79, overcame early brushes with the law â and was pardoned by Ronald Reagan. He's seen here backstage in the late 1970's, for a taping of the Merv Griffin Show in Los Angeles. Michael Ochs Archives/Getty Images.